(Energy Analytics Institute, Aaron Simonsky, 8.Jun.2016) – Paraguay does not need to issue bonds to pay off an outstanding debt with Venezuela’s state oil company PDVSA, according Paraguay’s Finance Minister Santiago Peña.
“We have tried to come closer regarding payment of the debt,” reported the daily newspaper UltimaHora, citing Peña. “Other countries have benefited from reduced debt payment,s but we have not yet had any luck.”
Who will pay is PetroPar, said Peña referring the Paraguay’s state oil company Petróleos Paraguayos.
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